COVID-19 has exacerbated income inequalities and social disparities across Asia, serving as a force multiplier for trends already in place. A new social impact study released by the Centre for Asian Philanthropy and Society (CAPS) shows how to maximize philanthropic and policy responses to cope...
This article was contributed by the Inland Revenue Authority of Singapore (IRAS). As the Goods and Services Tax (GST) will be raised from 7% to 8% with effect from 1 Jan 2023, the Inland Revenue Authority of Singapore (IRAS) encourages all GST-registered businesses to...
EngageRocket, in partnership with NTUC U WAF, released results from a survey conducted amongst 3,332 employees in Singapore across 10 industries. The survey focused on the state of work-life harmony in workplaces in Singapore.  The definition of work-life balance has changed in the last...
The Singapore Business Federation (SBF) published a manpower policy paper in May 2022 recommending nine action steps to support the manpower needs of the Lifestyle Services, Environmental Services, and Estate & Facilities Management (EFM) Services industries. Titled, “The Human Touch: Balancing Manpower Resilience with...
70% of youth in Singapore know about IP with copyright being the most familiar intellectual property type amongst youth. However, knowledge about types of IP such as copyright, patents and trademarks dipped to around 20% when probed further. Among the 1000...
CapitaLand Investment Limited (CLI) has partnered SkillsFuture Singapore (SSG) as a SkillsFuture Queen Bee to uplift the skills and capabilities of Singapore’s retail sector, leveraging on CLI’s extensive network of retail partners that includes a wide range of small- and medium-size enterprises (SMEs).  The...
To support Singapore’s Smart Nation efforts, DBS, in collaboration with the Government Technology Agency (GovTech), is partnering the Health Promotion Board (HPB) and NETS to introduce a digital payment feature in HPB’s Healthy 365 mobile app. From Monday, 25 April 2022, Healthy 365 app...
The Singapore Institute of Technology (SIT), Enterprise Singapore (Enterprise SG) and JTC jointly launched FoodPlant, Singapore’s first shared facility for small-batch food production that is licensed by the Singapore Food Agency (SFA). A key FoodInnovate initiative, FoodPlant provides affordable access to a wide range...
The Singapore economy has entered a new phase of growth. Despite ongoing COVID-19 limitations and supply chain disruptions, Singapore's GDP expanded by 7.6 per cent in 2021, a strong rebound from the 4.1 percent contraction in 2020.  A similar trend of growth and recovery...
The Inland Revenue Authority of Singapore (IRAS) rolled out two new tax frameworks, the Tax Governance Framework (TGF) and the Tax Risk Management and Control Framework for Corporate Income Tax (CTRM), to help companies strengthen tax compliance. The TGF and CTRM complement the existing...